Today's era is significantly advanced than that of the past and availability of cheap consumer products attracts people to buy things more frequently than ever before. Even though the living standard of people has improved with this, I feel that the demerits of this trend cannot be overlooked.
On one hand, as a result of globalisation people can access the national and the international products at an affordable price. For instance, new gadgets such as Android cell phones are available in the market at an acceptable price that everyone can afford. In a sense, the widespread use of such technological devices has improved the way we communicate but this is also creating a throwaway society. The gap between the rich and poor has narrowed in terms of their ability to purchase consumer products. Living standard has improved and basic needs are easily met these days and more people have the opportunities to select from more options. As a result, people are purchasing things that do not even need. A single person has multiple cell phones and they are busy all day with their cell phones and internet. Thus people are becoming less social. The technology changes rapidly and thus people need to change the model of a product within few months. The amount of wastage created from these electronic devices is a matter of great concern. Cheaper price of cars and motorbikes are the primary reason for traffic congestion and the habit of purchasing products that people do not really need is a very bad trend.
On the other hand, due to the cheaply available goods, a newer trend of material possession has emerged. Nowadays people consider this as their status symbol. For example, people who possess the branded gadgets or latest cars earn a respectable position in the society and this is a degradation of morality and social value. In addition, this trend leads to a throwaway culture and the amount of trash produced each day is increased dangerously. As a result environmental pollution is irreversible.
Moreover, cheap availability of products motivates people to consume the unwanted products. Last but not the least, most of the technologies used for developing cost effective products are harmful to human health and human life is jeopardised.
Taking everything into consideration, availability of consumer products at an affordable price is a  positive trend as it helps people to lead a better life. However, the negative sides of this trend cannot be forgotten. Social, personal and environmental problems are ever increasing due to this and it might be a serious threat for the future generation. 
 Today
's era is  
significantly
 advanced than that of the past and availability of  
cheap
 consumer  
products
 attracts  
people
 to  
buy
 things more  
frequently
 than ever  
before
.  
Even though
 the living standard of  
people
 has  
improved
 with this, I feel that the demerits of this  
trend
 cannot  
be overlooked
.
On one hand,  
as a result
 of  
globalisation
  people
 can access the national and the international  
products
 at an affordable  
price
.  
For instance
, new gadgets such as Android cell phones are available in the market at an acceptable  
price
 that everyone can afford. In a sense, the widespread  
use
 of such technological devices has  
improved
 the way we communicate  
but
 this is  
also
 creating a throwaway society. The gap between the rich and poor has narrowed in terms of their ability to  
purchase
 consumer  
products
. Living standard has  
improved
 and basic  
needs
 are  
easily
 met these days and more  
people
 have the opportunities to select from more options.  
As a result
,  
people
 are purchasing things that do not even  
need
. A single person has multiple cell  
phones and
 they are busy all day with their cell phones and internet.  
Thus
  people
 are becoming less social. The technology  
changes
  rapidly
 and  
thus
  people
  need
 to  
change
 the model of a  
product
 within few months. The amount of wastage created from these electronic devices is a matter of great concern. Cheaper  
price
 of cars and motorbikes are the primary reason for traffic congestion and the habit of purchasing  
products
 that  
people
 do not  
really
  need
 is a  
very
  bad
 trend. 
On the other hand
, due to the  
cheaply
 available  
goods
, a newer  
trend
 of material possession has emerged. Nowadays  
people
 consider this as their status symbol.  
For example
,  
people
 who possess the branded gadgets or latest cars earn a respectable position in the society and this is a degradation of morality and social value.  
In addition
, this  
trend
 leads to a throwaway culture and the amount of trash produced each day  
is increased
  dangerously
.  
As
 a result environmental pollution is irreversible. 
Moreover
,  
cheap
 availability of  
products
 motivates  
people
 to consume the unwanted  
products
. Last  
but
 not the least, most of the technologies  
used
 for developing cost effective  
products
 are harmful to human health and human life is  
jeopardised
.
Taking everything into consideration, availability of consumer  
products
 at an affordable  
price
 is a 
  
 positive
  trend
 as it  
helps
  people
 to lead a better life.  
However
, the  
negative
 sides of this  
trend
 cannot  
be forgotten
. Social, personal and environmental problems are  
ever increasing
 due to this and it might be a serious threat for the future generation.